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Quantitative Finance · Glossary

What is Certification regime?

Definition 16.3 The Industry: Firms, Roles and Careers · Chapter 16 — Trader

A certification regime is a rule that makes a firm assess, at hiring and at least yearly, that people in named functions are fit and proper for them, and certify it; in the UK the functions include proprietary traders who could cause significant harm and the people who approve or monitor trading algorithms.

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